Wall Street Journal |
UPDATE 1-UBS posts 1.03 bln Sfr net profit for Q2, ahead of poll estimate
Reuters … * Q2 net profit 1.034 Sfr vs Rtrs poll f'cast for 680 mln Sfr. * Net new money of 6 bln Sfr in wealth management. * Net inflows of $2.4 bln francs in wealth management Americas (Adds CEO quote, detail on results). ZURICH, July 29 Switzerland's … I don't see any relief in the foreseeable future: UBS chief ErmottiCNBC UBS Profit Falls But Beats ForecastsWall Street Journal UBS Posts 14 Percent Drop in Net Profit in Second QuarterNew York Times Financial Times –Reuters UK –THE BUSINESS TIMES –Malay Mail Online all 22 news articles » |
Bloomberg |
Barclays Profit Drops on Loss From Asset Disposals
Bloomberg Barclays Plc said profit fell by more than half in the second quarter as the bank posted a 1.1 billion-pound ($1.4 billion) pretax loss from the unit that houses the businesses and assets its trying to sell or wind down. Pretax profit, excluding … Clean air ahead for Barclays as non-core business winds down: CEO StaleyCNBC Barclays Says Core Profit Before Tax Rose 19 PercentNew York Times Barclays H1 Profit Declines; Maintains Outlook – Quick FactsNasdaq Reuters UK –The Independent –City A.M. –iNVEZZ all 10 news articles » |
Bloomberg |
Most Asian Stocks Fall as Japan Shares Swing After BOJ Decision
Bloomberg Most Asian stocks dropped as Tokyo shares slid after the Bank of Japan's policy decision disappointed investors. Some 651 stocks fell and 306 rose as the MSCI Asia Pacific Index traded little changed as of 12:30 p.m. in Hong Kong. The gauge is heading … Japan's Central Bank Rattles MarketsWall Street Journal Japan Central Bank Adds Modest Stimulus, as Economy CoastsNew York Times Yen jumps against dollar as Japan keeps rates on holdBBC News U.S. News & World Report –eFXnews –Nasdaq –Washington Post all 1,057 news articles » |
Business Insider |
China confirms legal status of ride-hailing industry
Business Insider FILE – In this Friday, May 13, 2016 file photo, a mobile device shows the Didi Chuxing ride-hailing app at a shopping mall in Beijing, China. China's Cabinet issued a document Thursday, July 28, 2016, outlining guidelines for ride-hailing services and … In a boost for Uber, China legalizes ride-hailing servicesLos Angeles Times Uber and Didi are now legal in China but the struggle to sign up drivers may continueRecode 530000 Steel and coal workers are now driving for China's Uber rivalKITV Honolulu Forbes –TechCrunch –New York Times –Wall Street Journal all 66 news articles » |
Wall Street Journal |
Google Profits Surge on Strong Ad Demand
Wall Street Journal Google parent Alphabet Inc. GOOGL 0.51 % said quarterly profit soared 24%, the second internet giant in two days to report blockbuster earnings driven by consumers' rapid shift to mobile devices. Alphabet said growth continued as companies bought more … Dueling words: How Clinton's DNC speech differed from Trump's RNC speechFast Company Alphabet posts strong revenue on video market, stock surgesYahoo News Google Silences Doubters With Blockbuster QuarterNew York Times Fortune –CNET –CNBC –WIRED all 157 news articles » |
Washington Post |
Weekly jobless claims increase in week ended July 23
Washington Post The number of Americans who filed for unemployment benefits last week rose from a three-month low, consistent with the Federal Reserve's view of a stronger job market. Jobless claims increased by 14,000 to 266,000 in the week ended July 23, a Labor … Consumers seen powering US economic growth in second quarterReuters Metro jobless rate jumps with seasonAtlanta Journal Constitution US Jobless Claims Rose, but Still Point to Expanding Labor MarketWall Street Journal WALB-TV –MarketWatch –Nasdaq –Chattanooga Times Free Press all 57 news articles » |
Wall Street Journal |
Amazon Posts Another Blockbuster Profit
Wall Street Journal Amazon.com Inc. AMZN 2.16 % on Thursday reported in its third consecutive record profit, nearly doubling its prior high-water mark, and its fifth straight quarter in the black. Amazon's revenue jumped 31% including a 58% gain at its Amazon Web Services … Amazon, once a big spender, is now a profit machineThe Verge Amazon Delivers Huge Profits In Blowout QuarterForbes 5 Takeaways From Amazon Most Profitable Quarter YetFortune New York Times –CNBC –CNNMoney –Reuters all 186 news articles » |
NPR |
Regulators Draw Up New Rules To Stop Abusive Practices By Debt Collectors
NPR The Consumer Financial Protection Bureau is drawing up new rules that would curb abusive debt collection practices, which it says generated some 85,000 consumer complaints last year alone. The rules would limit the number of times debt collectors can … U.S. consumer agency seeks to overhaul debt collection industryBusiness Insider Proposed rules would overhaul debt collectionTribune-Review Consumer watchdog proposes new rules to curb abuses by debt collectorsPittsburgh Post-Gazette The Seattle Times –messenger-inquirer –Wall Street Journal –Sacramento Bee all 103 news articles » |
Wall Street Journal |
GNC's CEO Out as Sales, Earnings Continue to Slide
Wall Street Journal Health and nutrition products retailer GNC Holdings Inc. GNC -25.52 % replaced its chief executive, suspended its earnings guidance and halted its stock buyback program amid weaker second-quarter sales and profit. Shares fell 26% to $20.27 at 4 p.m. in … GNC Goes South After C-Suite Shake-UpTheStreet.com GNC Holdings (GNC) Robert F. Moran on Q2 2016 Results – Earnings Call TranscriptSeeking Alpha GNC shares plunge after CEO resigns and company suspends earnings guidanceCNBC Tribune-Review –New York Times –Motley Fool –Pittsburgh Business Times all 31 news articles » |
Reuters |
Abe says Japan to compile $265 billion stimulus, puts policy pressure on BOJ
Reuters TOKYO Japanese Prime Minister Shinzo Abe said on Wednesday his government would compile a stimulus package of more than $265 billion to reflate the flagging economy, media reported, though it is unclear how much will be spent to directly boost … Yen Tumbles on Report Abe Will Announce $254 Billion Stimulus PackageBloomberg Japan Shares Rise on Stimulus TalkWall Street Journal Asian shares edge up on Wall Street lead, pre-Fed nerves limit gainsBusiness Insider MarketWatch –New York Times –StreetInsider.com –The Sydney Morning Herald all 411 news articles » |